NASDAQ:ZS

Zscaler - ZS Stock Forecast, Price & News

$138.75

-1.33 (-0.95%)

(As of 11/25/2022 08:58 PM ET)

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Today's Range: $136.36
▼
$139.46
50-Day Range: $116.25
▼
$182.92
52-Week Range: $114.21
▼
$373.74

Volume: 603,300 shs
Average Volume: 2.49 million shs
Market Capitalization: $19.85 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $223.45

Zscaler MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 61.0% Upside
$223.45 Price Target
Short Interest: Bearish
7.91% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.86
Upright™ Environmental Score
News Sentiment: 0.28
Based on 11 Articles This Week
Insider Trading: Selling Shares
$29.39 M Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($2.13) to ($2.27) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Computer And Technology Sector

168th out of 633 stocks

Custom Computer Programming Services Industry

9th out of 25 stocks

4.4

Analyst's Opinion

Consensus Rating
Zscaler has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 26 buy ratings, 9 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $223.45, Zscaler has a forecasted upside of 61.0% from its current price of $138.75.
Amount of Analyst Coverage
Zscaler has been the subject of 22 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
7.91% of the float of Zscaler has been sold short.
Short Interest Ratio / Days to Cover
Zscaler has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Zscaler has recently increased by 6.54%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Zscaler does not currently pay a dividend.
Dividend Growth
Zscaler does not have a long track record of dividend growth.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Zscaler has received a 46.53% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity assesment software", "Firewall software", and "Secure connectivity software" products. See details.
Environmental Sustainability
The Environmental Impact score for Zscaler is -0.86.

2.4

News and Social Media Coverage

News Sentiment
Zscaler has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Zscaler this week, compared to 9 articles on an average week.
Search Interest
53 people have searched for ZS on MarketBeat in the last 30 days. This is an increase of 104% compared to the previous 30 days.
MarketBeat Follows
Only 25 people have added Zscaler to their MarketBeat watchlist in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Zscaler insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $29,386,731.00 in company stock.
Percentage Held by Insiders
20.30% of the stock of Zscaler is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.51% of the stock of Zscaler is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Zscaler are expected to decrease in the coming year, from ($2.13) to ($2.27) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zscaler is -50.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zscaler is -50.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Zscaler has a P/B Ratio of 34.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. operates as a cloud security company worldwide. It offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. The company also provides Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, it offers Posture Control solutions comprising Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and PaaS to reduce risk and ensure compliance with industry and organizational benchmarks; Cloud Infrastructure Entitlement Management that detects and remediates excessive or unused cloud permissions and enforces least privileged access without disrupting productivity; Infrastructure as Code (IaC), which analyzes IaC templates to identify misconfigurations and other security issues prior to deployment to cloud infrastructure; and Vulnerability Scanning and Data Loss Prevention solutions. The company's platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

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ZS Stock News Headlines

November 26, 2022 | americanbankingnews.com

Wells Fargo & Company Analysts Give Zscaler (NASDAQ:ZS) a $190.00 Price Target

November 25, 2022 | americanbankingnews.com

Barclays Trims Zscaler (NASDAQ:ZS) Target Price to $160.00

November 25, 2022 | americanbankingnews.com

Zscaler (NASDAQ:ZS) PT Lowered to $180.00 at Morgan Stanley

November 24, 2022 | finance.yahoo.com

Zscaler (ZS) Earnings Expected to Grow: Should You Buy?

November 21, 2022 | finance.yahoo.com

2 Growth Stocks Billionaires Can't Stop Buying in a Bear Market

November 18, 2022 | americanbankingnews.com

Zscaler (NASDAQ:ZS) PT Lowered to $175.00 at Mizuho

November 15, 2022 | finance.yahoo.com

Should You Add Zscaler (ZS) Shares to Your Portfolio?

November 12, 2022 | finance.yahoo.com

A Bull Market Is Coming: 2 Perfect Growth Stocks to Buy Now and Hold Forever

November 9, 2022 | finance.yahoo.com

Zscaler to Host First Quarter Fiscal Year 2023 Earnings Conference Call

November 8, 2022 | finance.yahoo.com

Zscaler Expands Partnership with Zoom, Unveiling New Integration with Zoom’s Quality of Service Subscription (QSS)

November 7, 2022 | finance.yahoo.com

Down 28.9% in 4 Weeks, Here's Why Zscaler (ZS) Looks Ripe for a Turnaround

October 27, 2022 | finance.yahoo.com

2 Unstoppable Stocks to Buy on the Dip in November

October 27, 2022 | finance.yahoo.com

Zscaler’s Longest-Standing Customer, The Arc Mid-Hudson, Advances Security Capabilities for Mobile Healthcare Workers and Patient Data

October 25, 2022 | benzinga.com

What Are Whales Doing With Zscaler

October 25, 2022 | finance.yahoo.com

Bull Of The Day: Zscaler (ZS)

October 19, 2022 | finance.yahoo.com

Zscaler (ZS) Enhances Enterprise Security With DLP Solution

October 19, 2022 | finance.yahoo.com

Zscaler (ZS) Stock Moves -0.61%: What You Should Know

October 18, 2022 | globenewswire.com

Zscaler Advances Enterprise Data Security with Industry-First Zero Configuration Data Protection - GlobeNewswire

October 18, 2022 | finance.yahoo.com

Zscaler Advances Enterprise Data Security with Industry-First Zero Configuration Data Protection

October 17, 2022 | benzinga.com

Zscaler Whale Trades For October 17 - Zscaler (NASDAQ:ZS) - Benzinga

October 16, 2022 | nasdaq.com

Nasdaq Bear Market: 3 Unstoppable Growth Stocks Down 35%+ You'll Likely Regret Not Buying - Nasdaq

October 16, 2022 | fool.com

Nasdaq Bear Market: 3 Unstoppable Growth Stocks Down 35%+ You'll Likely Regret Not Buying - The Motley Fool

October 14, 2022 | fool.com

Why Zscaler Stock Was Down This Week - The Motley Fool

October 14, 2022 | finance.yahoo.com

Why Zscaler Stock Was Down This Week

October 14, 2022 | nasdaq.com

Down 58% to 75%, These 3 Growth Stocks Are Poised for a Comeback - Nasdaq

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ZS Company Calendar

Last Earnings: 9/08/2022
Today: 11/28/2022
Next Earnings (Confirmed): 12/01/2022
Fiscal Year End: 7/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Custom computer programming services
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:ZS
CUSIP: N/A
CIK: 1713683
Web: www.zscaler.com
Phone: (408) 533-0288
Fax: N/A
Employees: 4,975
Year Founded: 2007

Price Target and Rating

Average Stock Price Forecast: $223.45
High Stock Price Forecast: $350.00
Low Stock Price Forecast: $155.00
Forecasted Upside/Downside: +61.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 37 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.77)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-390,280,000.00
Net Margins: -35.77%
Pretax Margin: -35.17%
Return on Equity: -55.59%
Return on Assets: -12.03%

Debt

Debt-to-Equity Ratio: 1.69
Current Ratio: 1.99
Quick Ratio: 1.99

Sales & Book Value

Annual Sales: $1.09 billion
Price / Sales: 18.19
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.04 per share
Price / Book: 34.34

Miscellaneous

Outstanding Shares: 143,052,000
Free Float: 114,012,000
Market Cap: $19.85 billion
Optionable: Optionable
Beta: 0.88

Social Links

Key Executives

Mr. Jagtar Singh Chaudhry (Age 63)
Co-Founder, CEO & Chairman
Comp: $23.66k

Mr. Remo E. Canessa (Age 65)
Chief Financial Officer
Comp: $722.12k

Mr. Dali Rajic (Age 49)
Chief Operating Officer
Comp: $925.08k

Mr. Robert S. Schlossman (Age 54)
Chief Legal Officer & Sec.
Comp: $554.45k

Mr. K. Kailash
Founder & Chief Architect

Ms. Praniti Lakhwara
Chief Information Officer

Mr. William Hyodong Choi C.F.A.
Sr. VP of Investor Relations & Strategic Fin.

Ms. Natalia Wodecki
Global PR Director

Mr. Chris Kozup
Chief Marketing Officer

Mr. Brendan Castle
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ZS Stock - Frequently Asked Questions

Should I buy or sell Zscaler stock right now?: 37 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 1 sell rating, 9 hold ratings, 26 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ZS shares.
View ZS analyst ratings or view top-rated stocks.
What is Zscaler's stock price forecast for 2023?: 37 Wall Street research analysts have issued 1 year price objectives for Zscaler's stock. Their ZS share price forecasts range from $155.00 to $350.00. On average, they expect the company's stock price to reach $223.45 in the next twelve months. This suggests a possible upside of 61.0% from the stock's current price.
View analysts price targets for ZS or view top-rated stocks among Wall Street analysts.
How have ZS shares performed in 2022?: Zscaler's stock was trading at $321.33 on January 1st, 2022. Since then, ZS stock has decreased by 56.8% and is now trading at $138.75.
View the best growth stocks for 2022 here.
When is Zscaler's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
View our ZS earnings forecast.
How can I listen to Zscaler's earnings call?: Zscaler will be holding an earnings conference call on Thursday, December 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Zscaler's earnings last quarter?: Zscaler, Inc. (NASDAQ:ZS) released its quarterly earnings results on Thursday, September, 8th. The company reported ($0.40) earnings per share for the quarter, topping the consensus estimate of ($0.63) by $0.23. The company earned $318.06 million during the quarter, compared to the consensus estimate of $305.54 million. Zscaler had a negative trailing twelve-month return on equity of 55.59% and a negative net margin of 35.77%. The firm's quarterly revenue was up 61.4% compared to the same quarter last year. During the same period last year, the business posted ($0.48) EPS.
What guidance has Zscaler issued on next quarter's earnings?: Zscaler issued an update on its first quarter 2023 earnings guidance on Thursday, October, 6th. The company provided earnings per share (EPS) guidance of $0.26-$0.26 for the period, compared to the consensus earnings per share estimate of $0.22. The company issued revenue guidance of $339.00 million-$341.00 million, compared to the consensus revenue estimate of $324.84 million.
What is Jay Chaudhry's approval rating as Zscaler's CEO?: 684 employees have rated Zscaler Chief Executive Officer Jay Chaudhry on Glassdoor.com. Jay Chaudhry has an approval rating of 97% among the company's employees. This puts Jay Chaudhry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Zscaler own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Block (SQ), Okta (OKTA), Salesforce (CRM), DocuSign (DOCU), Alibaba Group (BABA), Trade Desk (TTD), Zoom Video Communications (ZM), Twilio (TWLO) and CrowdStrike (CRWD).
When did Zscaler IPO?: (ZS) raised $110 million in an initial public offering on Friday, March 16th 2018. The company issued 10,000,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.
What is Zscaler's stock symbol?: Zscaler trades on the NASDAQ under the ticker symbol "ZS."
Who are Zscaler's major shareholders?: Zscaler's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.55%), Artisan Partners Limited Partnership (1.30%), First Trust Advisors LP (1.06%), Citadel Advisors LLC (0.00%), Nuveen Asset Management LLC (0.75%) and Jane Street Group LLC (0.00%). Insiders that own company stock include Ajay Mangal, Alan H Auerbach, Amit Sinha, Andrew William Fraser Brown, Dali Rajic, Jagtar Singh Chaudhry, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman.
View institutional ownership trends.
How do I buy shares of Zscaler?: Shares of ZS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Zscaler's stock price today?: One share of ZS stock can currently be purchased for approximately $138.75.
How much money does Zscaler make?: Zscaler (NASDAQ:ZS) has a market capitalization of $19.85 billion and generates $1.09 billion in revenue each year. The company earns $-390,280,000.00 in net income (profit) each year or ($2.77) on an earnings per share basis.
How many employees does Zscaler have?: The company employs 4,975 workers across the globe.
How can I contact Zscaler?: Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The official website for the company is www.zscaler.com. The company can be reached via phone at (408) 533-0288 or via email at ir@zscaler.com.

This page (NASDAQ:ZS) was last updated on 11/28/2022 by MarketBeat.com Staff

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